Firm ignored material vulnerabilities for years; voluntarily repaid impacted funds and accounts $165 million January 16, 2025/US SEC he Securities and Exchange Commission today announced settled charges against New York-based investment advisers Two Sigma Investments LP and Two Sigma Advisers LP (collectively, Two Sigma) for breaching their fiduciary duties by […]
Frauds & Scandals
FirstBank Clarifies Misleading Reports, Reassures Customers of Gold Standard Banking Services
January 14, 2025/FirstBank of Nigeria Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for […]
SEC Charges Nevada Coffee Company, its CEO, and Recidivist Broker for Fraudulent Securities Offering
January 14, 2025/US SEC The Securities and Exchange Commission today announced litigated charges against Joecool.com, LLC and its CEO, Joseph Ariel Haber, for their alleged misappropriation and misuse of investor funds and false and misleading statements to investors, and against recidivist securities law violator Robert Tye Cournoyer for his alleged […]
